Netflix & co. surpass DVD & Blu-Ray sales

Marking a major milestone in home entertainment’s shift to digital formats, video streaming subscription revenues surpassed DVD / Blu-ray sales in the United States for the first time in 2016.

While U.S. consumers spent $6.23 billion on subscriptions to services such as Netflix (up 23% from 2015), DVD and Blu-ray sales dropped 9.5 percent to $5.49 billion, according to the Digital Entertainment Group’s year-end report.You will find more statistics at Statista
Looking at the home entertainment market as a whole, it is clear that the future of video distribution is digital.

While consumer spending on streaming subscriptions, video on demand and electronic sell-through increased in 2016, all physical formats, both sell-through and rental, suffered double-digit declines.

Digital business models now account for 56% of home entertainment spending and could soon surpass box office earnings to become the largest source of income for the entertainment industry.

By continuing to use the Cyprus Mail, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.